SMN vs. PWER ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to Macquarie Energy Transition ETF (PWER)
SMN
ProShares UltraShort Basic Materials
SMN Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Basic MaterialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$13.73
Average Daily Volume
3,849
43
PWER
Macquarie Energy Transition ETF
PWER Description
The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.Grade (RS Rating)
Last Trade
$29.34
Average Daily Volume
616
23
Performance
Period | SMN | PWER |
---|---|---|
30 Days | 6.12% | -0.34% |
60 Days | 1.26% | 3.53% |
90 Days | -0.70% | 3.40% |
12 Months | -22.86% |
SMN Overweight 39 Positions Relative to PWER
Symbol | Grade | Weight | |
---|---|---|---|
LIN | C | 18.22% | |
ECL | D | 7.77% | |
DD | C | 7.23% | |
DOW | F | 6.27% | |
NEM | D | 5.65% | |
PPG | F | 4.81% | |
LYB | F | 3.74% | |
CTVA | C | 3.36% | |
FCX | F | 2.96% | |
NUE | C | 2.59% | |
IFF | D | 2.28% | |
CE | F | 2.25% | |
FMC | D | 2.05% | |
EMN | C | 1.67% | |
RPM | A | 1.53% | |
ALB | B | 1.36% | |
RS | B | 1.28% | |
MOS | F | 1.21% | |
RGLD | C | 1.17% | |
AXTA | B | 1.0% | |
HUN | F | 0.74% | |
ASH | F | 0.73% | |
SMG | C | 0.7% | |
VVV | D | 0.64% | |
NGVT | B | 0.55% | |
NEU | D | 0.55% | |
OLN | F | 0.45% | |
CC | C | 0.45% | |
ESI | B | 0.44% | |
SXT | C | 0.44% | |
CMC | B | 0.41% | |
FUL | F | 0.4% | |
CBT | D | 0.4% | |
WLK | D | 0.39% | |
ATI | C | 0.37% | |
CRS | B | 0.35% | |
X | B | 0.28% | |
WOR | F | 0.24% | |
BTU | B | 0.1% |
SMN Underweight 19 Positions Relative to PWER
SMN: Top Represented Industries & Keywords
PWER: Top Represented Industries & Keywords